It is Almost Franchise Tax Season Again

DELAWARE CORPORATIONS
FRANCHISE TAX: MARCH 1, 2005 DUE DATE.

ALL CORPORATION franchise tax returns go out in the mail by the end of the year and are due in the hands of the Division of Corporations before MARCH FIRST. All corporations incorporated in the State of Delaware that have not filed a dissolution or merger with the State this calendar year (2004) are required to file the Annual Franchise Tax Report and pay the Franchise Tax.

Delaware Intercorp, Inc. is responsible for getting the report in the mail to the latest address you have provided. Failure to pay your franchise tax bill on time will result in up to a 167% penalty and interest charged at 1.5% per month. The Division of Corporations assesses these charges. There is no need to panic if you do not receive your franchise tax report since the Division makes payment options available online.